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Center City Healthcare, LLC

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Case overview

Case Number:

1:19-bk-11466

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. October 03, 2019

    Bankrupt Philly Hospitals Seek Service Cutoff Halt For Appeal

    Philadelphia's Center City Healthcare LLC and two affiliated hospitals sought a stay pending appeal late Wednesday from a Delaware bankruptcy court ruling allowing service cutoffs by two key billing and patient processing contractors on Oct. 18, barring a compromise on millions in underfunded bills.

  2. September 23, 2019

    Court OKs $50M Philly Hospital Sale To Tower Health, Drexel

    A $50 million offer from a joint venture of Tower Health and Drexel University to buy St. Christopher's Hospital for Children in Philadelphia from bankrupt operator Center City Healthcare LLC received court approval Monday in Delaware bankruptcy court.

  3. September 20, 2019

    Tower Health, Drexel To Buy Bankrupt Hospital For $50M

    Hospital operator Tower Health and Drexel University announced Friday that they have agreed to buy Philadelphia's St. Christopher's Hospital for Children from bankrupt Center City Healthcare for $50 million.

  4. September 05, 2019

    Philly Hospital's $55M Doctor-Program Sale Approved

    The proposed $55 million sale of doctor-training programs by bankrupt hospital operator Center City Healthcare LLC received court approval Thursday in Delaware, where a judge overruled the strong objections of the federal government.

  5. September 04, 2019

    Hospital Owner Says Training Program Sale Needs To Happen

    The owner of a pair of Philadelphia hospitals told a Delaware bankruptcy judge Wednesday its proposed sale of doctor training programs is not barred by federal law and needs to be approved to provide a needed influx of cash into the debtors' estates.

  6. August 29, 2019

    Bankrupt Philly Hospital Owner Says Sale Complies With Law

    The bankrupt owner and operator of a pair of Philadelphia hospitals said Thursday in Delaware that its proposed sale of resident doctor training programs complies with federal laws, adding that an objection from the federal government should be overruled at next week's sale hearing.

  7. August 21, 2019

    Increased DIP Cash Rescues Philly Hospitals' Ch. 11 Case

    Concessions from unsecured creditors and post-petition lenders helped rescue the troubled debtor-in-possession financing being sought by Philadelphia hospital operator Center City Healthcare LLC on Wednesday, providing additional cash for the debtor to pursue its Chapter 11 goals.

  8. August 20, 2019

    Philly Hospital Ch. 11 Case In Danger As Judge Questions DIP

    The future of a Philadelphia children's hospital was thrown into limbo Tuesday when a Delaware bankruptcy judge said he could not approve a $65 million post-petition loan as proposed, prompting the hospital's operator to begin last-ditch efforts to reach a new deal with its lenders.

  9. August 19, 2019

    Philly Hospital Ch. 11 Progress Threatened By DIP Dispute

    Attorneys for bankrupt hospital operator Center City Healthcare LLC said Monday in Delaware that the debtor has achieved a "case altering" milestone with a $55 million bid for its doctor training program assets, but said disputes over unpaid bills for services and leases could derail that progress.

  10. August 15, 2019

    Billing Co. For Bankrupt Hospital Says Pay Us Or We Want Out

    Tenet Healthcare warned Thursday that Philadelphia's Center City Healthcare's Chapter 11 could reach a "critical crossroads" Monday if a scheduled argument goes forward over Tenet's demand for payment of more than $3 million for underfunded billing and patient processing costs as a condition for staying on the job.